Journal of Osh State University. Economics

Traditional and modern approaches to risk management in banks

This article discusses traditional and modern approaches to risk management in banking. The role of the regulatory policy of the NBKR in managing the most important types of risk in the economic activity of commercial banks in Kyrgyzstan is determined. The role of the need to build risk management systems at the level of IT infrastructure for effective response to risks is revealed. A theoretical analysis of the cumulative risk assessment as a key element of the risk management process and protection of the bank from these risks is given

banking business; risk management; regulatory framework for banking activities; economic standards and requirements of the NBKR; overall risk assessment